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Royal Road Minerals closes private placement of C$1m
Royal Road Minerals issued 5,000,000 common shares at C$0.20 per share, raising C$1,000,000 gross. The placement was unbrokered and supplemental to a prior brokered transaction to allow participation by an institutional shareholder. Proceeds will be used to expand drilling programs in Colombia and for general corporate and working capital purposes. All securities issued are subject to a four‑month-and-one‑day hold period; the Jersey Financial Services Commission approved the issuance. » More on de.investing.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 0 | - |
| Gross profit | -8.44k | 25.16% |
| Net profit | -1.19m | 2.83% |
| EBITDA | -1.02m | 63.61% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €35.29m |
Number of shares | 331.24m |
52-week high/low | €0.17 - €0.0892 |
| Dividends | No |
Beta | 1.00 |
P/E ratio | -7.59 |
PEG ratio | 0.92 |
P/B ratio | 12.13 |
P/S ratio | 0.00 |
Company profile
Royal Road Minerals Limited engages in the exploration and development of mineral properties in Colombia, Nicaragua, and Peru. The company primarily explores for gold and copper deposits. It holds interests in the Los Andes project located in Boaco department of Nicaragua; and the Piedra Iman property located in Chinandega district of Nicaragua. The company also holds various mining concession agreements; and holds mining concessions approximately 168,841 hectares of land in prospective mineral belts in the Nariño, Cauca, Antioquia and Caldas departments of Colombia. It has a strategic alliance agreement with Mineros S.A. for joint exploration of Guintar-Niverengo-Margaritas Project. The company was formerly known as Tigris Resources Limited and changed its name to Royal Road Minerals Limited in April 2015. Royal Road Minerals Limited was incorporated in 2010 and is headquartered in Saint Helier, Jersey.
| Name | Royal Road Minerals |
| CEO | Timothy James Coughlin |
| Headquarters | Saint Helier,
je Jersey |
| Website | |
| IPO | 25/10/2017 |
| Employees | 10 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Tsxv | RYR.V |
Pnk | RRDMF |
Frankfurt | RLU.F |